Yves here. I am normally not keen about videos with no transcripts, but this one is short and suitable for sharing, with good graphics and animations. Plus is it by our sometimes comrade in arms Eileen Appelbaum. Here Applebaum gives a short discussion of how Medicare Advantage plans are set up to foster over-pricing and under-care relative to the composition of patients.
The video also says not-for-profit Medicare Advantage plans can deliver good outcomes. Even if so, the tradeoff is being locked into a network.
Originally published by the Institute of New Economic Thinking